| ACTIVITY SCOPE | COLLABORATION TYPE | AID TYPE | FINANCE TYPE | FLOW TYPE | TIED STATUS | HIERARCHY |
|---|---|---|---|---|---|---|
| National 4 | Multilateral outflows 4 |
Project-type interventions C01
|
Untied | 1 |
| PARTICIPATING ORG | REFERENCE | ROLE | TYPE |
|---|---|---|---|
European Bank for Reconstruction and Development
|
REF XI-IATI-EBRD
|
Funding | Multilateral |
UNICREDIT CONSUMER FINANCING IFN SA
|
Implementing | Private Sector |
| NAME | DESCRIPTION | POSITION | CLASS | REACH | EXACTNESS |
|---|---|---|---|---|---|
|
ROMANIA
ID 798549 (Geonames)
|
44.43225 26.10626 | Administrative Region | Approximate |
| DATE | DESCRIPTION | PROVIDER | RECEIVER | VALUE |
|---|---|---|---|---|
| 2020-12-18 |
FLOW Other flows
50
FINANCE Investment-related loan to developing countries Withdrawn
411
|
UNICREDIT CONSUMER FINANCING IFN SA |
10,435,464.89 EUR |
| NARRATIVE | TYPE | DESCRIPTION |
|---|---|---|
Provision of a senior loan to UniCredit Consumer Financing IFN SA ("UCFIN") in the amount of up to RON 72.6 million (or c. EUR 15 million equivalent) under the Green Economy Finance Facility ("GEFF") focusing on financing green investments in the residential sector in Romania. The financing would be used for on-lending to eligible sub-borrowers for investments in energy and resource efficiency measures in the residential buildings. The GEFF transaction will support investments in high-performance green technologies, materials and solutions undertaken in privately owned residential dwellings or buildings ("Sub-projects"). Sub-projects will be selected according to technical and financial eligibility criteria set forth in the Policy Statement for GEFF-Romania. 100% of the use of proceeds will be related to Green Economy Transition ("GET") investments. For more details, please refer to the project summary document at https://www.ebrd.com/view/psd/51899
|
Performance | The condition attached requires certain outputs or outcomes to be achieved by the recipient |